Mastercard (MA) & HSBC Middle East to Boost Travel Payments

Mastercard Incorporated (MA) recently introduced the Mastercard Wholesale Program, a B2B payment product, in the Middle East region in partnership with HSBC Middle East. With the help of the virtual card-based program, HSBC’s travel merchant clients will see smooth automation of buyer and supplier payments.This initiative extends the steady partnership between the two companies. Utilizing virtual cards, travel organizations will be able to digitize their payment process, which will likely enhance security i ...